10 yrs. The benefit is capped at 80% of FAS. An elected official may. 2% (first 10 yrs.); or 2.25% (second 10 yrs.); or 2.5% over 20 yrs.
|
|
- Norma Snow
- 5 years ago
- Views:
Transcription
1 Table 3.13 STATE LEGISLATIVE RETIREMENT BENEFITS Alabama... Alaska... Age 60 with 10 yrs. Employee 6.75% 2% (first 10 yrs.); or 2.25% (second 10 yrs.); or 2.5% over 20 yrs. x average salary over 5 highest consecutive yrs. x yrs. of service. Arizona... except that officials subject to term limits may opt out for a term of office. Elected Officials Age 65, 5+ yrs. service; age 62, 10+ yrs. service; or 20 yrs. service; earlier retirement with an actuarial reduction of benefits. Vesting at 5 yrs. Employee 7% 4% x years of credited service x highest 3 yr. average in the past 10 yrs. The benefit is capped at 80% of FAS. An elected official may purchase service credit in the plan for service earned in a nonelected position by buying it at an actuarially-determined amount. Arkansas.... Those elected before 7/1/99 may have service covered as a regular state employee but must have 5 years of regular service to do so. Arkansas Public Employees Age 65, 10 yrs. service; or age 55, 12 yrs. service; or any age, 28 yrs. service; any age if serving in the General Assembly on 7/1/79; any age if in elected office on 7/1/79 with 17 and 1/2 yrs. of service. As a regular employee, age 65, 5 yrs. service, or any age and 28 yrs. Members of the contributory plan established in 2005 must have a minimum of 10 yrs. legislative service if they have only legislative state employment. Non-contributory plan in effect for those elected before For those elected then and thereafter, a contributory plan that requires 5% of salary. For service that began after 7/1/99: 2.07% x FAS x years of service. FAS based on three highest consecutive years or service. For service that began after 7/1/91: $35 x years of service equals monthly benefit. For contributory plan, 2% x FAS x years of service. California... Legislators elected after 1990 are not eligible for retirement benefits for legislative service. Colorado... Either Retirement Association or State Defined Contribution Plan. A choice is not irrevocable. PERA: age 65, 5 yrs. service; age 50, 30 yrs. service; when age + service equals 80 or more (min. age of 55). DCP: no age requirement and vested immediately Employee: 8% PERA: 2.5% x FAS x yrs. of service, capped at 100% of FAS. DCP benefit depends upon contributions and investment returns. Connecticut... State Employees Tier IIA Age 60, 25 yrs. credited service; age 62, yrs. credited service; age 62, 5 yrs. actual state service. Reduced benefit available with earlier retirement ages. 2% (.0133 x avg. annual salary) + (.005 x avg. annual salary in excess of breakpoint x credited service up to 35 years $36, $46, $38, $48, $40, $51, $43,400 After 2009 increase breakpoint by 6% per year rounded to nearest $ The Book of the States 2015
2 Delaware... State Employees Pension Plan Age 60, 5 yrs. credited service 3% of total monthly compensation in excess of $6,000 2% times FAS times years of service before % times FAS times years of service from 1997 on. FAS = average of highest 3 years. Florida.... Elected officials may opt out and may choose between DB and DC plans. Florida Retirement System Vesting in DB plan, 6 years; in DC plan, 1 year. DB plan: Age 62 with 6 years; 30 years at any age. DC plan: any age No employee contribution. Employer contribution for for legislators is 12.49% of salary. DB plan: 3% x years of creditable service x average final compensation (average of highest 5 yrs). DC plan: Dependent upon investment experience. Georgia... : Choice when first elected. Georgia Legislative Vested after 8 yrs.; age 62, with 8 yrs. of service; age 60 with reduction for early retirement. Employee rate 3.75% + $7 month $36 per month for each year of service. Hawaii... ; elected officials plan Age 55 with 5 years of service, any age with 10 years service. Vesting at 5 years. Main plan is non-contributory; 7.8% for elected officials plan for annuity. 3.5 x yrs. of service as elected official x highest average salary plus annuity based on contributions as an elected official. Highest average salary = average of 3 highest 12-month periods as elected official. Idaho... Age 65 with 5 yrs. service; reduced benefit at age 55 with 5 yrs. of service. 6.97% Avg. monthly salary for highest 42 consecutive months x 2% x months of credited service. Illinois... General Assembly Age 55, 8 yrs. service; or age 62, 4 yrs. service 8.5% for retirement; 2% for survivors; 1% for automatic increases; 11.5% total 3% of each of 1st 4 yrs.; 3.5% for each of next 2 yrs.; 4% for each of next 2 yrs.; 4.5% for each of the next 4 yrs.; 5% for each yr. above 12. Indiana... DB plan is optional for those serving on April 30, Defined contribution plan is optional for those serving on April 30, 1989 and mandatory for those elected or appointed since April 30, Legislator s Retirement System and Defined Benefit (DB) Plan and Defined Contribution Plan (DC). DB plan: Vesting at 10 yrs. Age 65 with 10 yrs. of legislative service; or if no longer in the legislature, these options apply: at least 10 yrs. service; no state salary; at age 55+ Rule of 85 applies; or age 60 with 15 yrs. of service. Early retirement with reduced benefit. Immediate vesting in the DC plan, DC plan: 5% employee, 20% state (of taxable income). DB plan and employer contributions funded by appropriation. DB benefit plan monthly benefit: Lesser of (a) $40 x years of General Assembly service completed before November 8, 1989 or (b) 1/12 of the average of the three highest consecutive years of General Assembly service salary. DC plan: numerous options for withdrawing accumulations in accord with IRS regulations. Loans are available. A participant in both plans may receive a benefit from both plans. Iowa... Age 65; age 62 with 20 yrs. service Rule of 88; reduced benefit at 55 with at least 4 years of service. 3.7% individual 2% times FAS times years of service for first 30 years, + 1% times FAS times years in excess of 30 but no more than 5 in excess of 30. FAS is average of 3 highest years. Kansas... Age 65, age 62 with 10 yrs. of service or age plus yrs. of service equals 85 pts. 4% of salary, (4% annualized salary for Legislators). 3 highest yrs. x 1.75% x yrs. service divided by 12. The Council of State Governments 99
3 Kentucky.... Those who opt out are covered by the state employees plan Kentucky Legislator s Retirement Plan Age 65 with five years of service; any age with 30 years of service, and intermediate provisions. Early retirement with reduced benefits. 5% of creditable compensation, set by law at $27,500: not the same as actual salary. Revised to be payable on compensation reported on W-2 forms beginning in % of FAS (based on creditable compensation) x years of service. FAS is the average monthly earnings for the 60 months preceding retirement. Louisiana... Maine... Maine State Retirement Plan Age 60 (if 10 yrs. of service on 7/1/93) and age 62 (if less than 10 yrs. of service on 7/1/93). Reduced benefit available for earlier retirement. 7.65% legislators; employer contribution is actuarially determined. 2% of average final compensation (the average of the 3 high salary years) times years of service. Maryland... State Legislator s Pension Plan Age 60, with 8 yrs.; age 50, 8+yrs creditable service (early reduced retirement) 5% of annual salary 3% of legislative salary for each yr. of service up to a max. of 22 yrs. 3 months. Benefits are recalculated when legislative salaries are changed. Massachusetts... after each election or re-election to the General Court. State legislator s plan Age 55 with 6 years service; unreduced benefit at 65. Vesting at 6 yrs. Reduced benefits for retirement before age 65. 9%. Some legislators are grandfathered at lower rates. 2.5 times years of service times FAS. FAS = average of highest 36 months. Service credit is allowed for membership in other Massachusetts retirement plans. Michigan... Legislative Retirement System (DB) for legislators elected before 3/31/97. Others may join the state defined contribution plan. Age 55, 5 yrs. or age plus service equals 70 7% 13% for DB plan. For the DC plan, the state contributes 4% of salary. Members may contribute up to 3% of salary. The state will match the member s contribution in addition to the state 4% contribution. For DB plans, various provisions, depending on when service started. For the DC plan, benefits depend upon contributions and earnings. Minnesota... Legislators Retirement Plan before 7/1/97; Defined Contribution Plan (DCP) since then. LRP: Age 62, 6 yrs. service and fully vested. DCP: age 55 and vested immediately. LRP members do not have Social Security coverage. DCP members have Social Security coverage. LRP: 9% DCP: 4% from member, 6% from state. 2.7% x high 5 yr. avg. salary x length of service (yrs.) DCP benefit depends upon contributions and investment return. Mississippi... Legislators plan within the Age 60 with 4 or more years of service, or 25 years of service. Regular: 7.25%; state 9.75% to 10.75% effective July 1, 2005; Supplement for legislative service: 3%/6.33%. Legislators who qualify for regular state retirement benefits also automatically qualify for the legislators supplemental benefits. Regular: 2% times FAS times years of service up to and including 25 years of service + 2.5% times FAS times service in excess of 25 years FAS is based on the high 4 years. Supplement: 1% times FAS times years of legislative service through 25 years, % times FAS times years of service in excess of The Book of the States 2015
4 Missouri... Missouri State Employee Age 55; three full biennial assemblies (6 years) or Rule of 80. Vesting at 6 years of service. Non-contributory Monthly pay divided by 24 x years of creditable service, capped at 100% of salary. Benefit is adjusted by the percentage increase in pay for an active legislator. Montana.... Either a DB or a DC plan is available. Vesting at 5 years Age 60 with at least 5 years service; age 65 regardless of years of service; or 30 years of service regardless of age 6.9% for DB plan. Employer contribution of 4.19% plus employee contribution of 6.9 % for DC plan. DB plan: 1/56 times years of service times FAS. Early retirement with reduced benefits is available. DC plan: Employee contributions and earnings are immediately vested. Employer contributions and earnings are vested after 5 years. Nebraska... Nevada... ; but Chapter 380, Laws of 2005, allows legislators to withdraw from the system at will. The decision is final. Legislator s Retirement System Age 60, 10 yrs. service 15% of session salary Number of years x $25 = monthly allowance New Hampshire... New Jersey... Age 60; no minimum service requirement. Early retirement with no benefit reduction with 25 years of service. Vesting at 8 years. 5% of salary 3% x Final Average Salary x years of service. FAS = higher of three highest years or three final years. Benefit is capped at 2/3 of FAS, Other formulas apply if a legislator also has other service covered by the Public Employee. New Mexico... Legislative Retirement Plan Plans 1A and 1B: Age 65 with 5 years of service; 64/8; 63/11; 60/12; or any age with 14 years of service. Plan 2: 65 with five years of service or at any age with 10 years of service. Plan 1A: $100 per year for service after 1959 Plan 1B: $200 per year (now closed to new enrollments). Plan 2: $500/year Plan 1A: $250 per year of service. Plan 1B: $500 per year of service after Plan 2: 11 percent of the IRS per diem rate in effect on December 31st of the year a legislator retires x 60 x the years of credited service. For a legislator who retired in 2003 the benefit would be $957 per year of credited service. Annual 3% COLA. New York... New York State and Local Age 62 with 5 years of service; 55 with 30 years; reduced benefit available at 55/5. Vesting at 5 years. 3% for first 10 years of membership (Tier 4 provisions). Tier 4: For less than 20 yrs. of service, pension = 1/60th for (1.66%) of final average salary (FAS) x years of service; for 20 years service, pension = 1/50th (2%) of FAS x years of service; each year of service beyond 39, pension = 3/200th (1.5%) of FAS. North Carolina... Legislative Retirement System Age 65 with 5 years of service; reduced benefit available at earlier ages. 7% Highest annual compensation x 4.02% x years of service. North Dakota... Ohio... Age 60 with 5 years service or 55 with 25 years service or at any age with 30 years service. 8.5% of gross salary. A 10% contribution rate for legislators will be phased in over three years starting in % of final average salary times years of service up to and through 30 years of service. 2.5% starting with the 31st year of service and every year thereafter. The Council of State Governments 101
5 Oklahoma... Legislators may retain membership as regular public employees if they have that status when elected; one time option to join Elected Officials Plan. Public Employee Retirement System, as regular member or elected official member. [Information here is for the Elected Officials Plan.] Elected Officials Plan: Age 60 with 6 years service, vesting at 6 years. contribution of 4.5%, 6%, 7.5%, 8.5%, 9%, or 10% of total compensation. Avg. participating salary x length of service x computation factor depending on optional contributions ranging from 1.9% for a 4.5% contribution to 4% for a 10% contribution. Oregon... Public Employee legislator plan Age 55, 30+ yrs. service, 5 years vesting % of subject wages 1.67% x yrs. service and final avg. monthly salary. Pennsylvania... State Employees Age 50, 3 yrs. service, any age with 35 years of service; early retirement with reduced benefit. 7.5% 3% x final avg. salary x credited yrs. of service (x withdrawal factor if under regular retirement age 50 for legislators). Rhode Island... Legislators elected after January 1995 are ineligible for retirement benefits based on legislative service. (a) South Carolina..., but members may opt out six months after being sworn into office. South Carolina Age 60, 8 yrs. service; 30 yrs. of service regardless of age. 10% 4.82% of annual compensation x yrs. service. South Dakota... Tennessee... Age 55, 4 yrs. service 5.43% $70 per month x yrs. service with a $1,375 monthly cap. Texas... Employee Retirement System: Elected Class Members Age 60, 8 yrs. service; age 50, 12 yrs. service. Vesting at 8 years. 8% 2.3% x district judge s salary x length of service, with the monthly benefit capped at the level of a district judge s salary, and adjusted when such salaries are increased. Various annuity options are available. Military service credit may be purchased to add to elective class service membership. In July 2005, a district judge s salary was set at $125,000, a year. Utah... Governors and Legislators Retirement Plan Age 62 with 10 years and an actuarial reduction; age 65 with 4 years of service for full benefits. Non-contributory $24.80/month (as of July 2004) x years of service; adjusted semiannually according to consumer price index up to a maximum increase of 2%. Vermont.... Deferred compensation plan available. Virginia... Age 50, 30 yrs. service (unreduced); age 55, 5 yrs. service; age 50, 10 yrs. service (reduced). 8.91% of creditable compensation 1.7% of average final compensation x yrs. of service. 102 The Book of the States 2015
6 Washington.... If before an election the legislator belonged to a state public retirement plan, he or she may continue in that by making contributions. Otherwise the new legislator may join PERS Plan 2 or Plan 3. See column to left. PERS Plan 2 is a DB plan.pers Plan 3 is a hybrid DB/DC plan. PERS Plan 2: Age 65 with 5 years of service credit. Plan 3: Age 65 with 10 years of service credit for the DB side of the plan; immediate benefits (subject to federal restrictions) on the DC side of the plan. The member may choose various options for investment of contributions to the DC plan. PERS Plan 2: Employee contribution of 2.43% for Estimated at 3.33% for Plan 3: No required member contribution for the DB component. The member may contribute from 5% to 15% of salary to the DC component. PERS Plan 2: 2% x years of service credit x average final compensation. Plan 3: DB is 1% x service credit years x average final compensation. DC benefit depends upon the value of accumulations. West Virginia... Age 55, if yrs. of service + age equal % gross income 2% of final avg. salary x yrs. service. Final avg. salary is based on 3 highest yrs. out of last 10 yrs. Wisconsin... Age 62 normal; age 57 with 30 years of service. 2.6% of salary in 2003, adjusted annually Higher benefit of formula (2.165% x years of service x salary for service before 2000; 2% x years of service x salary for service 2000 and after) or money-purchase calculation. Wyoming... Dist. of Columbia... Age 62, 5 yrs. service; age 55, 30 yrs. service; age 60, 20 yrs. service. Before 10/1/87, 7%; after 10/1/87, 5% Multiply high 3 yrs. average pay by indicator under applicable yrs. or months of service. Puerto Rico... of the Employees of the Government of Puerto Rico After 1990, age 65 with 30 years of service. 8.28% 1.5% of average earnings multiplied by the number of years of accredited service. Guam... Age 60, 30 yrs. service; age 55, 15 yrs. service 5% or 8.5% An amount equal to 2% of avg. annual salary for each of the first 10 yrs. of credited service and 2.5% of avg. annual salary for each yr. or part thereof of credited service over 10 yrs. U.S. Virgin Islands... Age 60, 10 yrs. service 8% At age 60 with at least 10 yrs. of service, at 2.5% for each yr. of service or at any time with at least 30 yrs. service. Source: National Conference of State Legislatures, January 2006 and updated January Notes: This table shows the retirement plans effective for state legislators elected in 2003, 2004 and thereafter. In general the table does not include information on closed plans, plans that continue in force for some legislators who entered the plans in previous years, but which have been closed to additional members. The information in this table was updated for all states and Puerto Rico in 2004 and updated for 2005 state legislation. Information for the District of Columbia, Guam and the Virgin Islands dates from Key: N.A. Information not available. No retirement benefit provided. (a) Constitution has been amended effective 1/95. Any legislator elected after this date is not eligible to join the State, but will be compensated for $10,000/yr. with cost of living increases to be adjusted annually. The Council of State Governments 103
Income from U.S. Government Obligations
Baird s ----------------------------------------------------------------------------------------------------------------------------- --------------- Enclosed is the 2017 Tax Form for your account with
More informationThe table below reflects state minimum wages in effect for 2014, as well as future increases. State Wage Tied to Federal Minimum Wage *
State Minimum Wages The table below reflects state minimum wages in effect for 2014, as well as future increases. Summary: As of Jan. 1, 2014, 21 states and D.C. have minimum wages above the federal minimum
More informationKentucky , ,349 55,446 95,337 91,006 2,427 1, ,349, ,306,236 5,176,360 2,867,000 1,462
TABLE B MEMBERSHIP AND BENEFIT OPERATIONS OF STATE-ADMINISTERED EMPLOYEE RETIREMENT SYSTEMS, LAST MONTH OF FISCAL YEAR: MARCH 2003 Beneficiaries receiving periodic benefit payments Periodic benefit payments
More informationDFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018
DFA INVESTMENT DIMENSIONS GROUP INC. DIMENSIONAL INVESTMENT GROUP INC. Institutional Class Shares January 2018 Supplementary Tax Information 2017 The following supplementary information may be useful in
More informationMotor Vehicle Sales/Use, Tax Reciprocity and Rate Chart-2005
The following is a Motor Vehicle Sales/Use Tax Reciprocity and Rate Chart which you may find helpful in determining the Sales/Use Tax liability of your customers who either purchase vehicles outside of
More informationState Individual Income Taxes: Personal Exemptions/Credits, 2011
Individual Income Taxes: Personal Exemptions/s, 2011 Elderly Handicapped Blind Deaf Disabled FEDERAL Exemption $3,700 $7,400 $3,700 $7,400 $0 $3,700 $0 $0 $0 $0 Alabama Exemption $1,500 $3,000 $1,500 $3,000
More informationAnnual Costs Cost of Care. Home Health Care
2017 Cost of Care Home Health Care USA National $18,304 $47,934 $114,400 3% $18,304 $49,192 $125,748 3% Alaska $33,176 $59,488 $73,216 1% $36,608 $63,492 $73,216 2% Alabama $29,744 $38,553 $52,624 1% $29,744
More informationFederal Rates and Limits
Federal s and Limits FICA Social Security (OASDI) Base $118,500 Medicare (HI) Base No Limit Social Security (OASDI) Percentage 6.20% Medicare (HI) Percentage Maximum Employee Social Security (OASDI) Withholding
More informationCheckpoint Payroll Sources All Payroll Sources
Checkpoint Payroll Sources All Payroll Sources Alabama Alaska Announcements Arizona Arkansas California Colorado Connecticut Source Foreign Account Tax Compliance Act ( FATCA ) Under Chapter 4 of the Code
More informationSelected Approved Changes to State Public Pensions to Restore or Preserve Plan Sustainability
Retirement Systems of Alabama Arizona Public Safety Personnel Retirement System Arizona State Retirement System Decreased contribution rates for new employees as follows: general state employees and teachers,
More informationMinimum Wage Laws in the States - April 3, 2006
1 of 15 Wage Laws in the States - April 3, 2006 Note: Where Federal and state law have different minimum wage rates, the higher standard applies. Wage and Overtime Standards Applicable to Nonsupervisory
More informationTA X FACTS NORTHERN FUNDS 2O17
TA X FACTS 2O17 Northern Funds Tax Facts provides specific information about your Northern Funds investment income and capital gain distributions for 2017. If you have any questions about how to apply
More informationSales Tax Return Filing Thresholds by State
Thanks to R&M Consulting for assistance in putting this together Sales Tax Return Filing Thresholds by State State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Filing Thresholds
More informationSTATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE
STATE MINIMUM WAGES 2017 MINIMUM WAGE BY STATE The table below, created by the National Conference of State Legislatures (NCSL), reflects current state minimum wages in effect as of January 1, 2017, as
More informationFederal Registry. NMLS Federal Registry Quarterly Report Quarter I
Federal Registry NMLS Federal Registry Quarterly Report 2012 Quarter I Updated June 6, 2012 Conference of State Bank Supervisors 1129 20 th Street, NW, 9 th Floor Washington, D.C. 20036-4307 NMLS Federal
More information# of Credit Unions As of March 31, 2011
# of Credit Unions # of Credit Unins # of Credit Unions As of March 31, 2011 8,600 8,400 8,200 8,000 8,478 8,215 7,800 7,909 7,600 7,400 7,651 7,442 7,200 7,000 6,800 # of Credit Unions -Trend By Asset-Based
More informationYear-End Tax Tables Applicable to Form 1099-DIV Page 2 Qualified Dividend Income
Year-End Tax Tables This document contains general information to assist you in completing your 2016 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. This
More informationJ.P. Morgan Funds 2018 Distribution Notice
J.P. Morgan Funds 2018 Distribution Notice To assist you in preparing your 2018 Tax returns, we re pleased to provide this distribution notice for your J.P.Morgan Fund investment. If you are unclear about
More informationResidual Income Requirements
Residual Income Requirements ytzhxrnmwlzh Ch. 4, 9-e: Item 44, Balance Available for Family Support (04/10/09) Enter the appropriate residual income amount from the following tables in the guideline box.
More informationPay Frequency and Final Pay Provisions
Pay Frequency and Final Pay Provisions State Pay Frequency Minimum Final Pay Resign Final Pay Terminated Alabama Bi-weekly or semi-monthly No Provision No Provision Alaska Semi-monthly or monthly Next
More informationMutual Fund Tax Information
Mutual Fund Tax Information We have provided this information as a service to our shareholders. Thornburg Investment Management cannot and does not give tax or accounting advice. If you have further questions
More informationUnion Members in New York and New Jersey 2018
For Release: Friday, March 29, 2019 19-528-NEW NEW YORK NEW JERSEY INFORMATION OFFICE: New York City, N.Y. Technical information: (646) 264-3600 BLSinfoNY@bls.gov www.bls.gov/regions/new-york-new-jersey
More informationState Income Tax Tables
ALABAMA 1 st $1,000... 2% Next 5,000... 4% Over 6,000... 5% ALASKA... 0% ARIZONA 1 1 st $10,000... 2.87% Next 15,000... 3.2% Next 25,000... 3.74% Next 100,000... 4.72% Over 150,000... 5.04% ARKANSAS 1
More informationThe Effect of the Federal Cigarette Tax Increase on State Revenue
FISCAL April 2009 No. 166 FACT The Effect of the Federal Cigarette Tax Increase on State Revenue By Patrick Fleenor Today the federal cigarette tax will rise from 39 cents to $1.01 per pack. The proceeds
More informationFHA Manual Underwriting Exceeding 31% / 43% DTI Eligibility Quick Reference
Credit Score/ Compensating Factor(s)* No Compensating Factor One Compensating Factor Two Compensating Factors No Discretionary Debt Maximum DTI 31% / 43% 37% / 47% 40% / 50% 40% / 40% *Acceptable compensating
More informationRequired Training Completion Date. Asset Protection Reciprocity
Completion Alabama Alaska Arizona Arkansas California State Certification: must complete initial 16 hours (8 hrs of general LTC CE and 8 hrs of classroom-only CE specifically on the CA for LTC prior to
More informationImpacts of Prepayment Penalties and Balloon Loans on Foreclosure Starts, in Selected States: Supplemental Tables
THE UNIVERSITY NORTH CAROLINA at CHAPEL HILL T H E F R A N K H A W K I N S K E N A N I N S T I T U T E DR. MICHAEL A. STEGMAN, DIRECTOR T 919-962-8201 OF PRIVATE ENTERPRISE CENTER FOR COMMUNITY CAPITALISM
More informationUndocumented Immigrants are:
Immigrants are: Current vs. Full Legal Status for All Immigrants Appendix 1: Detailed State and Local Tax Contributions of Total Immigrant Population Current vs. Full Legal Status for All Immigrants
More informationAIG Benefit Solutions Producer Licensing and Appointment Requirements by State
3600 Route 66, Mail Stop 4J, Neptune, NJ 07754 AIG Benefit Solutions Producer Licensing and Appointment Requirements by State As an industry leader in the group insurance benefits market, AIG is firmly
More informationATHENE Performance Elite Series of Fixed Index Annuities
Rates Effective August 8, 05 ATHE Performance Elite Series of Fixed Index Annuities State Availability Alabama Alaska Arizona Arkansas Product Montana Nebraska Nevada New Hampshire California PE New Jersey
More informationPAY STATEMENT REQUIREMENTS
PAY MENT 2017 PAY MENT Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia No generally applicable wage payment law for private employers. Rate
More information2012 RUN Powered by ADP Tax Changes
2012 RUN Powered by ADP Tax Changes Dear Valued ADP Client, Beginning with your first payroll with checks dated in 2012, you and your employees may notice changes in your paychecks due to updated 2012
More informationThe Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees. Robert J. Shapiro
The Costs and Benefits of Half a Loaf: The Economic Effects of Recent Regulation of Debit Card Interchange Fees Robert J. Shapiro October 1, 2013 The Costs and Benefits of Half a Loaf: The Economic Effects
More informationMainStay Funds Income Tax Information Notice
MainStay Funds Income Tax Information Notice The information contained in this brochure is being furnished to shareholders of the MainStay Funds for informational purposes only. Please consult your own
More informationMutual Fund Tax Information
2008 Mutual Fund Tax Information We have provided this information as a service to our shareholders. Thornburg Investment Management cannot and does not give tax or accounting advice. If you have further
More information# of Credit Unions As of September 30, 2011
# of Credit Unions # of Credit Unions # of Credit Unions As of September 30, 2011 8,400 8,200 8,000 7,800 7,600 7,400 7,200 8,332 8,065 7,794 7,556 7,325 7,000 6,800 9,000 8,000 7,000 6,000 5,000 4,000
More informationState Corporate Income Tax Collections Decline Sharply
Corporate Income Tax Collections Decline Sharply Nicholas W. Jenny and Donald J. Boyd The Rockefeller Institute Fiscal News: Vol. 1, No. 3 July 26, 2001 According to a report from the Congressional Budget
More informationMEDICAID BUY-IN PROGRAMS
MEDICAID BUY-IN PROGRAMS Under federal law, states have the option of creating Medicaid buy-in programs that enable employed individuals with disabilities who make more than what is allowed under Section
More informationNation s Uninsured Rate for Children Drops to Another Historic Low in 2016
Nation s Rate for Children Drops to Another Historic Low in 2016 by Joan Alker and Olivia Pham The number of uninsured children nationwide dropped to another historic low in 2016 with approximately 250,000
More informationTaxable/Exempt Interest Income and Private Activity Bond Interest Percentage Page 7
Year-End Tax Tables This document contains general information to assist you in completing your 2017 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. This
More informationQ Homeowner Confidence Survey Results. May 20, 2010
Q1 2010 Homeowner Confidence Survey Results May 20, 2010 The Zillow Homeowner Confidence Survey is fielded quarterly to determine the confidence level of American homeowners when it comes to the value
More informationTermination Final Pay Requirements
State Involuntary Termination Voluntary Resignation Vacation Payout Requirement Alabama No specific regulations currently exist. No specific regulations currently exist. if the employer s policy provides
More informationIMPORTANT TAX INFORMATION
IMPORTANT TAX INFORMATION The following information about your enclosed 1099-DIV from s should be used when preparing your 2017 tax return. Form 1099-DIV reports dividends, exempt-interest dividends, capital
More informationSECTION 109 HOST STATE LOAN-TO-DEPOSIT RATIOS. The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance
SECTION 109 HOST STATE LOAN-TO-DEPOSIT RATIOS The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (the agencies)
More informationImportant 2008 Tax Information Regarding Your Mutual Funds
Important 2008 Tax Information Regarding Your Mutual Funds Managed by WESTERN ASSET CLEARBRIDGE ADVISORS LEGG MASON CAPITAL MANAGEMENT BRANDYWINE GLOBAL BATTERYMARCH This Booklet is a summary of useful
More informationUnderstanding Oregon s Throwback Rule for Apportioning Corporate Income
Understanding Oregon s Throwback Rule for Apportioning Corporate Income Senate Interim Committee on Finance and Revenue January 12, 2018 2 Apportioning Corporate Income Apportionment is a method of dividing
More informationState Social Security Income Pension Income State computation not based on federal. Social Security benefits excluded from taxable income.
State Tax Treatment of Social Security, Pension Income The following CCH analysisi provides a general overview of how states treat income from Social Security and pensions for the 2013 tax year unless
More informationState Tax Treatment of Social Security, Pension Income
State Tax Treatment of Social Security, Pension Income The following chart Provides a general overview of how states treat income from Social Security and pensions for the 2016 tax year unless otherwise
More informationAbility-to-Repay Statutes
Ability-to-Repay Statutes FEDERAL ALABAMA ALASKA ARIZONA ARKANSAS CALIFORNIA STATUTE Truth in Lending, Regulation Z Consumer Credit Secure and Fair Enforcement for Bankers, Brokers, and Loan Originators
More information8, ADP,
2013 Tax Changes Beginning with your first payroll with checks dated in 2013, employees may notice changes in their paychecks due to updated 2013 federal and state tax requirements. This document will
More informationYear-End Tax Tables Applicable to Form 1099-DIV. Mutual Funds: Qualified Dividend Income ETFs: Qualified Dividend Income
Year-End Tax Tables This document contains general information to assist you in completing your 2018 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. This
More informationFingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements
Updates to the State Specific Information Fingerprint, Biographical Affidavit and Third-Party Verification Reports Requirements State Requirements For Licensure Requirements After Licensure (Non-Domestic)
More informationNOTICE TO MEMBERS CANADIAN DERIVATIVES CORPORATION CANADIENNE DE. Trading by U.S. Residents
NOTICE TO MEMBERS CANADIAN DERIVATIVES CORPORATION CANADIENNE DE CLEARING CORPORATION COMPENSATION DE PRODUITS DÉRIVÉS NOTICE TO MEMBERS No. 2002-013 January 28, 2002 Trading by U.S. Residents This is
More informationState Unemployment Insurance Tax Survey
444 N. Capitol Street NW, Suite 142, Washington, DC 20001 202-434-8020 fax 202-434-8033 www.workforceatm.org State Unemployment Insurance Tax Survey NATIONAL ASSOCIATION OF STATE WORKFORCE AGENCIES April
More informationMetrics and Measurements for State Pension Plans. November 17, 2016 Greg Mennis
Metrics and Measurements for State Pension Plans November 17, 2016 Greg Mennis Fiscal Sustainability Metrics Net Amortization Measures whether contributions are sufficient to reduce pension debt if plan
More informationEquity and Fixed Income
Equity and Fixed Income ALLIANCEBERNSTEIN TAX BULLETIN 2005 This booklet is a summary of useful tax information for various AllianceBernstein funds. It will assist you, as an investor, in the preparation
More informationSummary of Benefits. Express Scripts Medicare. Value Choice S5660 & S5983. January 1, 2016 December 31, 2016
Express Scripts Medicare Value Choice (a Medicare prescription drug plan (PDP) offered by Medco Containment Life Insurance Company and Medco Containment Insurance Company of New York (for members located
More informationBRINKER CAPITAL DESTINATIONS TRUST
Important 2018 Tax Information Regarding Your Mutual s BRINKER CAPITAL DESTINATIONS TRUST The following tax information is furnished for informational purposes only. Please consult your tax advisor for
More information2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER
2014 STATE AND FEDERAL MINIMUM WAGES HR COMPLIANCE CENTER The federal Fair Labor Standards Act (FLSA), which applies to most employers, establishes minimum wage and overtime requirements for the private
More informationAetna Individual Direct Pay Commissions Schedule
Aetna Individual Direct Pay Commissions Schedule Cards Issued Broker Rate Broker Tier Per Year 1st Yr 2nd Yr 3+ Yrs Levels 11-Jan 4.00% 4.00% 3.00% Bronze 24-Dec 6.00% 4.00% 3.00% Silver 25-49 8.00% 4.00%
More informationInterest Table 01/04/2010
The following table provides information on the interest charged by each of the 50 states and its territories: FOR THE UNITED S AND TERRITORIES Alabama Alaska Arizona Arkansas California Colorado Connecticut
More informationADDITIONAL REQUIRED TRAINING before proceeding. Annuity Carrier Specific Product Training
Reliance Standard REQUIRED CARRIER SPECIFIC TRAINING (CST) INSTRUCTIONS Annuity Carrier Specific Product Training and state mandated NAIC Annuity Training (see STATE ANNUITY SUITABILITY TRAINING REQUIREMENT
More informationFingerprint and Biographical Affidavit Requirements
Updates to the State-Specific Information Fingerprint and Biographical Affidavit Requirements State Requirements For Licensure Requirements After Licensure (Non-Domestic) Alabama NAIC biographical affidavit
More informationBulletin. Annuity Requirement and AML Training available through Quest CE
Bulletin Marketing/Annuity Annuity Requirement and AML Training available through Quest CE In order to conform to the NAIC Suitability in Annuity transactions Model Regulation (NAIC-275) Presidential Life
More informationDSH Reduction Allocation Process Flows. DRAFT Based on 5/15/13 NPRM
DSH Reduction Allocation Process Flows 1 Overview The ACA mandates that the federal share of DSH payments be reduced by a specified dollar amount for each year between 2014 and 2020. The unreduced federal
More informationTax Recommendations and Actions in Other States. Joel Michael House Research Department June 9, 2011
Tax Recommendations and Actions in Other States Joel Michael House Research Department June 9, 2011 Governors FY 2012 Recommendations 12 governors recommend net revenue (tax and fee) increases 12 governors
More informationFAPRI Analysis of Dairy Policy Options for the 2002 Farm Bill Conference
FAPRI Analysis of Dairy Policy Options for the 2002 Farm Bill Conference FAPRI-UMC Report #04-02 April 11, 2002 Food and Agricultural Policy Research Institute University of Missouri 101 South Fifth Street
More informationQ309 NATIONAL DELINQUENCY SURVEY FROM THE MORTGAGE BANKERS ASSOCIATION. Data as of September 30, 2009
NATIONAL DELINQUENCY SURVEY FROM THE MORTGAGE BANKERS ASSOCIATION Q309 Data as of September 30, 2009 2009 Mortgage Bankers Association (MBA). All rights reserved, except as explicitly granted. Data are
More informationFederal Reserve Bank of Dallas. July 15, 2005 SUBJECT. Banking Agencies Issue Host State Loan-to-Deposit Ratios DETAILS
Federal Reserve Bank of Dallas 2200 N. PEARL ST. DALLAS, TX 75201-2272 July 15, 2005 Notice 05-37 TO: The Chief Executive Officer of each financial institution and others concerned in the Eleventh Federal
More informationSTATE AND FEDERAL MINIMUM WAGES
2017 STATE AND FEDERAL MINIMUM WAGES STATE AND FEDERAL MINIMUM WAGES The federal Fair Labor Standards Act (FLSA) establishes minimum wage and overtime requirements for most employers in the private sector
More informationThe Starting Portfolio is divided into the following account types based on the proportions in your accounts. Cash accounts are considered taxable.
Overview Our Retirement Planner runs 5,000 Monte Carlo simulations to deliver a robust, personalized retirement projection. The simulations incorporate expected return and volatility, annual savings, income,
More informationNotice on Reallotment of Workforce Investment Act (WIA) Title I Formula Allotted Funds
This document is scheduled to be published in the Federal Register on 05/14/2014 and available online at http://federalregister.gov/a/2014-11045, and on FDsys.gov DEPARTMENT OF LABOR Employment and Training
More informationSustaining State Retirement Benefits: Recent State Legislation Affecting Public Retirement Plans, Ronald Snell January 2010
Sustaining State Retirement Benefits: Recent State Legislation Affecting Public Retirement Plans, 2005-2009 Ronald Snell January 2010 INTRODUCTION Since 2007, investment losses and the weakness of state
More informationADDITIONAL REQUIRED TRAINING before proceeding. Annuity Carrier Specific Product Training
American Equity REQUIRED CARRIER SPECIFIC TRAINING (CST) INSTRUCTIONS Annuity Carrier Specific Product Training and state mandated NAIC Annuity Training (see STATE ANNUITY SUITABILITY TRAINING REQUIREMENT
More informationForecasting State and Local Government Spending: Model Re-estimation. January Equation
Forecasting State and Local Government Spending: Model Re-estimation January 2015 Equation The REMI government spending estimation assumes that the state and local government demand is driven by the regional
More informationQ209 NATIONAL DELINQUENCY SURVEY FROM THE MORTGAGE BANKERS ASSOCIATION. Data as of June 30, 2009
NATIONAL DELINQUENCY SURVEY FROM THE MORTGAGE BANKERS ASSOCIATION Q209 Data as of June 30, 2009 2009 Mortgage Bankers Association (MBA). All rights reserved, except as explicitly granted. Data are from
More informationSTANDARD MANUALS EXEMPTIONS
STANDARD MANUALS EXEMPTIONS The manual exemptions permits a security to be distributed in a particular state without being registered if the company issuing the security has a listing for that security
More informationRecourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO
Recourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO State Relevant Agency Contact Information Online Resources Online Filing Alabama Department
More informationADDITIONAL REQUIRED TRAINING before proceeding. Annuity Carrier Specific Product Training
Lincoln Financial REQUIRED CARRIER SPECIFIC TRAINING (CST) INSTRUCTIONS Annuity Carrier Specific Product Training and state mandated NAIC Annuity Training (see STATE ANNUITY SUITABILITY TRAINING REQUIREMENT
More informationImportant Tax Information for VanEck Vectors ETFs
2018 VanEck Supplemental Tax Guide Important Tax Information for VanEck Vectors ETFs Section 1 - Information for Municipal Income ETFs Page # Taxable vs. Tax-Exempt Income 2-4 State by State Information
More informationWhite Paper 2018 STATE AND FEDERAL MINIMUM WAGES
White Paper STATE AND FEDERAL S White Paper STATE AND FEDERAL S The federal Fair Labor Standards Act (FLSA) establishes minimum wage and overtime requirements for most employers in the private sector and
More informationDATA AS OF SEPTEMBER 30, 2010
NATIONAL DELINQUENCY SURVEY Q3 2010 DATA AS OF SEPTEMBER 30, 2010 2010 Mortgage Bankers Association (MBA). All rights reserved, except as explicitly granted. Data are from a proprietary paid subscription
More informationHow Much Would a State Earned Income Tax Credit Cost in Fiscal Year 2018?
820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org Updated February 8, 2017 How Much Would a State Earned Income Tax Cost in Fiscal Year?
More informationTax Information for Calendar Year 2017 (January 24, 2018)
Tax Information for Calendar Year 2017 (January 24, 2018) U.S. INCOME TAX INFORMATION: Please be advised that a percentage of the income distributions paid by the Goldman Sachs Dynamic Municipal Income
More informationCRS Report for Congress
Order Code RS21071 Updated February 15, 2005 CRS Report for Congress Received through the CRS Web Medicaid Expenditures, FY2002 and FY2003 Summary Karen L. Tritz Analyst in Social Legislation Domestic
More informationExhibit 57A. Approved Attorney Fees and Title Expenses
Exhibit 57A Approved Attorney Fees and Title Expenses Written pre-approval from Freddie Mac is required before incurring any expense in excess of any of the below amounts. See Sections 9701.11 and 9701.15
More informationWhat is your New Financing Statement Fee? What is your Amendment Fee (include termination fee if a different amount)?
Topic: UCC Filing Fee Information Question By: Tana Gormely Jurisdiction: Montana Date: 03 April 2012 Jurisdiction Alabama Alaska Arizona Arkansas California Question(s) What is your New Financing Statement
More informationFresh Fruit and Vegetable Program: Allocation of Funds for School Year Regional Directors Special Nutrition Programs All Regions
United States Department of Agriculture Food and Nutrition Service DATE: April 22, 2015 MEMO CODE: SP 34-2015 3101 Park Center Drive Alexandria, VA 22302-1500 SUBJECT: TO: Fresh Fruit and Vegetable Program:
More information2019 Summary of Benefits
Plus Plan Value Plan S7126 2019 Summary of Benefits January 1, 2019 December 31, 2019 This booklet gives you a summary of what Mutual of Omaha Rx SM (PDP) Plus and Value plans cover and what you pay. It
More informationIf the foreign survivor of the merger is on the record what do you require?
Topic: Question by: : Foreign Mergers Tracy M. Sebranek Maine Date: December 17, 2013 Manitoba Corporations Canada Alabama Alaska Arizona We require only a certified copy of the merger documents, as long
More informationChild Care Assistance Spending and Participation in 2016
Policy solutions that work for low-income people Child Care Assistance Spending and Participation in 2016 i Background The Child Care and Development Block Grant (CCDBG) is the primary federal funding
More informationMedia Alert. First American CoreLogic Releases Q3 Negative Equity Data
Contact Information Below Media Alert First American CoreLogic Releases Q3 Negative Equity Data First American CoreLogic, the first company to develop a national, state and city-level negative equity report,
More informationA d j u s t e r C r e d i t C E I n f o r m a t i o n S T A T E. DRI Will Submit Credit For You To Your State Agency. (hours ethics included)
A d j u s t e r C r e d i t C E I n f o r m a t i o n INSURANCE COVERAGE AND CLAIMS INSTITUTE APRIL 3 5, 2019 CHICAGO, IL Delaware Georgia Louisiana Mississippi New Hampshire North Carolina (hours ethics
More informationMapping the geography of retirement savings
of savings A comparative analysis of retirement savings data by state based on information gathered from over 60,000 individuals who have used the VoyaCompareMe online tool. Mapping the geography of retirement
More informationAB TAX BULLETIN AB Tax Forms
This booklet is a summary of useful tax information for various AB funds. It is intended to assist you, as an investor, in the preparation of your 2018 Federal and State tax returns. We recommend you consult
More informationOut-of-state collectors may be able to obtain limited license or may bypass license requirement. Call collection agency administrator.
The following Summary is intended as a quick reference to the subjects covered. It does not reflect Federal Statutes, and it may not reflect amendments to the laws of all states. This chart should not
More informationWikiLeaks Document Release
WikiLeaks Document Release February 2, 2009 Congressional Research Service Report RS21071 Medicaid Expenditures, FY2003 and FY2004 Karen Tritz, Domestic Social Policy Division January 17, 2006 Abstract.
More informationProviding Subprime Consumers with Access to Credit: Helpful or Harmful? James R. Barth Auburn University
Providing Subprime Consumers with Access to Credit: Helpful or Harmful? James R. Barth Auburn University FICO Scores: Identifying Subprime Consumers Category FICO Score Range Super-prime 740 and Higher
More informationAB TAX BULLETIN AB Tax Forms
This booklet is a summary of useful tax information for various AB funds. It is intended to assist you, as an investor, in the preparation of your 2017 Federal and State tax returns. We recommend you consult
More informationREVISED as of April 25, Important 2011 Tax Information Regarding Your Mutual Funds
REVISED as of April 25, 2012 Important 2011 Tax Information Regarding Your Mutual Funds Managed by WESTERN ASSET CLEARBRIDGE ADVISORS LEGG MASON CAPITAL MANAGEMENT BRANDYWINE GLOBAL BATTERYMARCH ATTENTION:
More information